22 Virginia Avenue, Hempstead, NY 11550
Local realty services provided by:ERA Top Service Realty
22 Virginia Avenue,Hempstead, NY 11550
$1,399,999
- 8 Beds
- 4 Baths
- 4,320 sq. ft.
- Multi-family
- Active
Listed by: lisa m. reed cbr srs abr
Office: howard hanna coach
MLS#:975906
Source:OneKey MLS
Price summary
- Price:$1,399,999
- Price per sq. ft.:$324.07
About this home
Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find. Located just minutes from the Southern State Parkway, Mercy Hospital, and local schools, it offers the perfect combination of convenience and steady rental income. The building features four two-bedroom apartments, all currently leased. Three of the units have been beautifully renovated between 2022 and 2024, ensuring modern, attractive living spaces for tenants. A new roof, installed 3 years ago, adds to the property's appeal, along with upgraded utilities, including four separate gas and electric meters, heating systems, and hot water heaters-all updated within the past five years. Please note that the property is tenant-occupied, and access is limited to the basement only by appointment. Street parking is available. Whether you're looking to expand your portfolio or secure a property with strong investment potential, this opportunity is not to be missed!
Annual Rental Income: $106,200
Property Taxes: $30,388 (Includes Hempstead Village taxes of $12,564)
Insurance: $3,600
Water: $900...
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Home facts
- Year built:1950
- Listing ID #:975906
- Added:1 day(s) ago
- Updated:March 26, 2026 at 01:29 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Dining Description:Eat-In Kitchen
- Kitchen Description:Eat-in Kitchen
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:4,320 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1950
- Building area:4,320 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Level
- Construction Materials:Brick
Schools
- High school:Hempstead High School
- Middle school:Alverta B Gray Schultz Middle Sch
- Elementary school:Joseph McNeil School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,399,999
- Price per sq. ft.:$324.07
- Tax amount:$30,388 (2026)
Parking
- Parking description:On Street
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